An account was opened with $1,000 three years ago. Today, the account balance is $1,150.30. If the account earns simple interest, how long will it take until the account has earned a total of $501 in interest?

Assume that you deposited $750 in an account 5 years ago with 12% annual interest rate. How much money do you get in that account now?Use Compound interest only and check your answer with interest table.

jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid with a 30 year loan. payments were paid monthly. the nominal annual interest rate was 6% after 10 years he sold the house and paid the remainder of the loan balance.   A- what was his monthly loan payment?    B- what was the loan payoff amount?

hi the Rebate Fraction is incorrect